Tim Cook buys 25,000 shares of Nike stock
The Apple CEO is also a Nike board member. And he just spent more than $1 million of his own money on the stock near its 52-week low.Cook purchased 25,000…
Investing
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GameStop’s latest launch caught everyone by surprise
GameStop is launching a new digital trading card platform on Wednesday, April 15th, and investors are watching closely to see whether it could become a new growth driver.The company’s new…
Bank of America revamps Nvidia-backed CoreWeave and Nebius stocks
Nvidia’s (NVDA) influence across the AI industry is spreading fast. Now, its backed tech players, CoreWeave and Nebius, are getting Wall Street‘s attention.CoreWeave (CRWV) and Nebius (NBIS) are AI cloud…
Trump endorsed Palantir stock, and the market reacted
No sitting U.S. president had publicly endorsed a stock by its ticker symbol before Friday, April 10. Then President Donald Trump did it.The president posted on Truth Social, praising Palantir…
Oil traders are seeing something in Iran’s truce that stocks aren’t
It didn’t take long for oil traders to get their answer.A ceasefire between the U.S. and Iran led to a significant relief bounce in the market on April 8. The…
Apple is closing down first of its U.S. stores
Apple has not had many public labor fights, but its latest just got a lot harder to ignore.The company confirmed on April 9 that it will permanently close its store…
Federal reserve reveals troubling reality about wealthy Americans
The numbers from the Federal Reserve are striking. America’s wealthiest households are not just doing well. They are pulling further ahead at a pace that has no historical precedent.The top…
Bank of America sends frank message on next Fed rate cut
The market has been drifting toward a more hawkish view of the Federal Reserve. Bank of America is pushing back.BofA is maintaining its forecast for two Fed rate cuts in…
Palantir shares sink as Michael Burry revives AI competition fears
Palantir (PLTR) fell sharply after Michael Burry put a familiar pressure point back in front of investors: competition in enterprise AI. Business Insider,quotingBurry’s now-deleted X post, said he argued that…
Retirement expert issues stark warning on AI and 401(k)s
For years, technology stocks became a permanent fixture within their portfolios for millions of retirement savers.Workers who steadily added money to 401(k)s, IRAs, and target-date funds made huge strides, thanks…